Become Member of ESTELA: Together the European industry will face the challenging future.

Key Success Factors for a Strong Market Growth

The emerging industry of solar thermal electricity has strong European roots. It is growing mainly due to the technical and economical success of the first projects and the stable green pricing or support mechanisms to bridge the initial gap in the electricity costs by e.g. feed-in tariffs. Future growth will depend on a successful costs reduction and a strong effort in R&D to optimise the potential of technical improvement. In the long-term, new markets and market opportunities, as for instance the generation of solar thermal power in the south Mediterranean region and its transmission to other parts of Europe, will appear.